Bitcoin Volatility Hits Record Low, Calm Before a Major Short-Term Rally? Experts Weigh In
From cointelegraph.com
In the beginning of October, Bitcoin achieved a 17-month low volatility rate, recording its highest level of stability since mid-2017. Bitcoin has started to experience a noticeable decline in its volatility during a period in which the volume of the dominant cryptocurrency achieved a new yearly low. Thus, the volume of Bitcoin dropped from $4.2 billion to $3.2 billion on October 7, by more than 23 percent. Since then, the volume of BTC has recovered substantially, back to $4.2 billion, but it still remains substantially lower than previous weeks. The overall decline in trading activity in the cryptocurrency exchange ...
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